News

Airline unions in France will go on a four-day strike next week over proposals to enforce a two-day notice period before future walk-outs.

Airberlin is to join oneworld on March 20 and its subsidiary NIKI will become an affiliate member.

AirAsia Japan has received its air operators certificate (AOC) from the Civil Aviation Bureau of the country’s Ministry of Land, Infrastructure, Transport and Tourism.

Airlines’ share prices are 30 per cent down on the start of 2011, according to IATA’s December 2011 to January 2012 report.

Passenger figures in Latin American and the Caribbean rose 3.8 per cent in 2011 compared to the year before, according to the Latin American and Caribbean Air Transport Association (ALTA) which analysed its member airline’s operations.

Grupo Aeroportuario del Sureste (ASUR) and private equity firm Advent International have made a joint bid to run three Brazilian airports.

B/E Aerospace has posted a jump in net earnings of nearly 84 per cent, to $57m, in 4Q 2011. Adjusted net earnings rose by a little over 42 per cent to $61m.

Sanad Aero Solutions and Abu Dhabi National Leasing (ADNL) have partnered to provide up to $169m (AED620.7m) in lease financing to Etihad Airways for a spare engine sale-and-leaseback transaction.

Malev’s CEO, Lóránt Limburger, has told its board of directors that the company has “become unviable”.

Kaman Corporation is to transfer the listing of its common stock to the New York Stock Exchange (NYSE) from the NASDAQ Global Select Market.